We are in the middle of remodeling the bathroom at our cabin. As of the writing of this posting, the project is around 75% complete. I still have more work to do, but things are starting to come together. Here is a brief overview of the progress so far. Costs The average bathroom remodel…
Should scale trading be part of your investment strategy? What exactly is this trading strategy? We’ll take a look so you can determine if you want to employ this style of trading. What is Scale Trading? There are two basic types of scale trading. Scaling in is a trading strategy where you buy a security…
It is common sense that cooking your own food will save you money. But how much can you save? And, what about some of the other benefits of cooking for yourself? Can a case be made for eating out? I’m going to look at some of the details of eating out versus cooking at home….
Will the market crash soon? Some say yes, and some say no. There is really no way of knowing until the market actually corrects. Afterwards, people who believed that the market was in a bubble will say “I told you so.” But, trying to predict if the market is in a bubble right now is…
What is the average net worth by age? How does yours compare to others in your age group? What can you take away from these numbers? Tracking your net worth can help keep your personal finances in check since it measures your overall portfolio value and not simply your income. You could have a high…
What is financial anxiety? The medical community defines it as “a psychosocial syndrome whereby individuals have an uneasy and unhealthy attitude toward engaging with and administering their personal finances in an effective way.” What is the difference between normal money worries and financial anxiety? What are the common signs of anxiety? Let’s have a look….
Are we in an index fund bubble? Should you stay the course and keep investing, or should you sell and look for better opportunities? As with most things there is no one size fits all answer. The markets are in a state of turmoil, so it is easy to see why one would think that…
What are the differences between the rich and the poor? Full disclosure; when we talk about rich and poor here, we are talking about finances. Arguments over quality of life and happiness won’t be touched on here. Definitions So, what is rich and what is poor? Here is an interesting definition of rich. By this…
Can you get cash back on a personal check? This was once a fairly common practice, but it has fallen by the wayside with the more common use of debit cards. However, if you still desire to use a personal check for shopping, and you want cash back on it, then you can still do…
I’ve recently been introduced to the concept of the 30K millionaire. Apparently, the concept has been around for several years, but I first heard of it about a month ago. So, what exactly is a 30K millionaire? I decided to do some research and share what I found with you. So, What Is a 30K…